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Intel plans to cut 15%-20 % of its global fab network workforce — between 8,170 and 10,890 employees — to reduce costs, but this risks operational agility and potentially jeopardizes federal ...
Workers in Oregon’s semiconductor industry give the state a financial boost. Without them, officials say, the effects will ...
Intel is set to implement significant layoffs, impacting 15% to 20% of its Intel Foundry workforce starting in July, potentially affecting over 10,000 employees globally. This move is part of CEO ...
What just happened? Intel is preparing to lay off as much as one-fifth of its factory workforce in a move that will reshape one of the company's core business units. The layoffs, set to begin in ...
Intel plans workforce cuts and a tighter return-to-work policy, but the company, a major Arizona employer, didn't announce specific layoff numbers.
Layoffs are looming at Intel as the semiconductor giant looks to shave half a billion dollars from its operating expenses.
Intel told its factory workers this month that it will begin laying off workers in mid-July, and that “initial” cuts will conclude by the end of that month.
Intel will cut an unspecified number of workers as it looks to flatten its organizational structure and shift to an engineer-focused culture built on leaner teams, CEO Lip-Bu Tan said during a ...
Intel's new CEO Lip-Bu Tan initiates the company's largest-ever layoff, cutting over 5,000 jobs in a radical overhaul to reverse deep financial losses.
Intel Corporation is rebounding under new leadership, with strong U.S. advantages and renewed strategic focus. Find out why INTC stock is a buy.
Intel By Andy Giegerich and Pete Danko – Portland Business Journal Jun 16, 2025 Updated Jun 16, 2025 4:25pm PDT Preview this article 1 min ...